The Hanjin Effect: Improved First-Quarter May Be Turning Point for HMM
By Alexander Whiteman (The Loadstar) – Hyundai Merchant Marine (HMM) has calmed the waters that led it to the brink of bankruptcy with first-quarter
By Alexander Whiteman (The Loadstar) – Hyundai Merchant Marine (HMM) has calmed the waters that led it to the brink of bankruptcy with first-quarter
LONDON, Feb 1 (Reuters) – A unit of Swiss shipping group MSC has bought a stake in U.S. ports operator Total Terminals International (TTI) from Hanjin,
By Jim Christie SAN FRANCISCO, Jan 18 (Reuters) – Bankrupt South Korean shipping line Hanjin Shipping Co Ltd won U.S. court approval at a hearing on
By Kyunghee Park (Bloomberg) — Hanjin Shipping Co. shares surged by their daily limit of 30 percent in Seoul after a local media report that the sale of
The Long Beach Board of Harbor Commissioners is set to consider an offer from a unit of Mediterranean Shipping Company to purchase Hanjin Shipping’s
By Mike Wackett (The Loadstar) – In the wake of the Hanjin bankruptcy, THE Alliance has devised a “catastrophic instrument” funding mechanism, to be
SEOUL, Nov 25 (Reuters) – South Korea’s Hyundai Merchant Marine Co Ltd (HMM) said on Friday it was chosen as preferred bidder to buy a port
Note: The headline of this article previously incorrectly stated Hyundai Merchant Marine as being selected as the preferred bidder for some of Hanjin’s
By Kyunghee Park (Bloomberg) — Hanjin Shipping Co.’s fleet has shrunk to about a tenth of its size after the South Korean container line returned most
LONDON/FRANKFURT, Oct 27 (Reuters) – Germany’s HSH Nordbank has arranged a deal which will see six container ships from collapsed South Korean line
By Kyunghee Park (Bloomberg) — Hanjin Shipping Co., South Korea’s largest container line that has put its Asia-U.S. business on sale after filing
By Joyce Lee SEOUL, Oct 21 (Reuters) – Hanjin Shipping Co Ltd is in talks to sell its stake in the Long Beach Terminal in California to Geneva-based
By Joyce Lee and Keith Wallis SEOUL/SINGAPORE, Oct 18 (Reuters) – South Korea’s Hyundai Merchant Marine Co Ltd said on Tuesday it may submit a
By Joyce Lee SEOUL, Oct 13 (Reuters) – South Korea’s Hanjin Shipping Co Ltd is selling major businesses, including its Asia to U.S. route network,
By Kyunghee Park (Bloomberg) — The Seoul Central District Court overseeing the receivership filing of Hanjin Shipping Co. is considering a disposal of
By Bloomberg News (Bloomberg) – China Cosco Shipping Corp., owner of Asia’s biggest container-shipping company, said it could consider buying some
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